The investments under NPS are very well diversified, the ministry said, which was responding to the reference made to it by the Ministry of Personnel, Public Grievances and Pensions seeking its comments

Moody's has downgraded the country's credit rating to Baa3 from Baa, just above the junk grade, with a negative outlook. With this, its rating is now consistent with other ratings agencies such as Fitch and Standard and Poor's

Stock Market LIVE Updates: Kotak Bank, M&M, Tata Motors, Hindalco, Bajaj Finance were among the top gainers on Nifty. On the contrary, Coal India, L&T, ITC, ICICI Bank and BPCL were among the major losers

Reduced US-China geopolitical tensions after US President Donald Trump stopped short of threatening tariffs on China and private survey data showing that China's manufacturing sector moved into expansion territory in May also boosted market sentiments

RBI data shows excess liquidity is lying idle, parked in its own reverse repo account, and burdening it with higher interest payouts. This could be tapped and channelised for additional fiscal spending to stimulate growth through government bonds

Passenger train services begin: 200 trains to ferry 1.45 lakh people todayAs many as 1.45 lakh passengers will be travelling in 200 special trains today, June 1, according to the Ministry of Railways. The ministry revealed around 26 lakh passengers have booked for Advance Reservation Period (ARP) from June 1 to June 30. From today onwards, Duronto, Sampark Kranti, Jan Shatabdi, and Poorva Express will reinstate services after 68 days. Coronavirus effect: Hotels may have to wa...